Countries

United States

Hawaii

1432

PHILIPPINE ISLANDS

In the year ending December 31st, 1922, Philippine commerce was mainly dis- tributed as follows:-

Total Trade- 1223,699,852

1,199,666

Imports P95,476,651

Exports P128,223,201

658,866

540,800

Guam

970

278,959

279,929

Japan

17,205,787

11,759,115

28,964,902

China

13,085,004

4,701,201

17,786,205

United Kingdom

6,539,297

10,249,668

16,788,965

Germany

1,579,158

6,355,485

7,934,643

Spain

1,011,712

6,455,543

7,467,255

Australia

....

5,595,862

1,509,688

7,105,550

French East Indies.

6,059,253

132,579

6,191,832

Netherlands....

479,222

5,191,123

5,670,345

Hongkong

269,514

5,395,312

5,664,826.

Dutch East Indies

4,941,578

627,916

5,569,494

British East Indies...

2,612,609

1,945,638

4,558,247

France

1,424,669

3,094,799

4,519,468

Canada

350,289

1,969,781

2,320,070

Switzerland

1,386,206

124,127

1,510,333

Belgium.....

153,105

1,034,205

1,187,310

Italy

Japanese-China...

Siani Austria

Norway

Denmark

British Africa

154,522

829,496

984,018

727,993

20,007

748,000

351,061

115,275

466,336

38,350

260,075

298,425

123,495

1,300

124,795

46,500

3,300

49,800

10

24,917

24,927

Sweden

Other countries

Total.......

20,378

20,378

103,228

323,086

426,314

P160,395,289

P191,166,596

P351,561,885

The value of trade carried by vessels during the year ending December 31st, 1922, is shown in the following table :--

....

British American

Japanese

Total Trade

Imports

Exports

P79,488,095

P56,090,093

48,873,151

83,313,550

P135,578,188 132,186,701

14,809,799

17,520,311

32,330,110

Dutch

Spanish

Philippine

Swedish

6,792,919

14,244,306

21,037,225

1,272,832

2,993,246

4,266,078

2,811,668

1,344,485

4,156,153

41

4,031,697

4,031,738

Norwegian

296,657

2,295,116

2,591,773

Chinese

French

Mail

German

Total

1,293,429

587,691

1,881,120

86,423

19,900

106,323

4,648,273

6,723,172

11,371,445

22,002

2,003,029

2,025,031

P160,395,289

P191,166,596

P351,561,885

A large part of the domestic commerce of the Philippine Islands is in the hands of foreigners. The last few years, however, have witnessed a broader activity on the part of the Filipinos.

The principal local trade-centres are Manila, Cebu, Iloilo, Zamboanga, Jolo, Balabac, Aparri and Legaspi.

BANKING AND COINAGE

With the exception of the Philippine National Bank, which is a Government-con- trolled institution, the banks are privately owned. The total resources of these banks is as follows: British, P34,592,880; American, P51,676,960; and Japanese, P3,562,499

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